ProCredit Bank

ProCredit Bank

How our lending decisions are made

The methods used by ProCredit Bank to decide whether or not to issue a loan are based on best international practices developed over many years by banks specialising in the provision of financial services to small businesses. In applying these methods, we are helping to establish new standards of business lending in the Republic of Moldova, and in particular the principle that clients can obtain the financial services that they genuinely need. That means, for example, that we will only offer a loan if we are convinced that the client can afford to repay it within the agreed term.

ProCredit Bank offers credit to small and medium-sized enterprises operating in the services, trade, production and agricultural sectors. The business must have been in operation for at least 6 months in order to be considered for a loan.

When a business client meeting this criterion applies for a loan, our business client advisers and credit analysts gather all the information needed for the bank to decide whether or not to approve the loan. Our financial analysis is objective because it is carried out on the basis of data reflecting the real situation of the client’s business. It also helps to discover the true possibilities and opportunities of the business. In this context, the ProCredit Bank employee may offer the client professional business consulting services during the analysis process. Thanks to our experience in this field, the analysis can be done in a very short period of time, often only two days, and as a result the decision is taken very quickly.

Our approach is flexible, allowing us to react quickly to changes in the market and take the necessary steps to minimise risks for our clients and their businesses. Our collateral requirements are also flexible. Almost any property – movable assets or real estate – may serve as collateral for a ProCredit loan. Flexibility and convenience also characterise our repayment schedules, which can be tailored to the seasonality and other specific features of the client’s business.

The methodology described above is designed to ensure that our lending decisions are transparent, objective and independent. Moreover, all ProCredit employees pledge to observe our Code of Conduct, which establishes high standards of business ethics. Ultimately, we are convinced that this will enable us to build long-term partnerships with our clients based on mutual trust.

For you first visit you will need the following documents:

Private clients:

  • Your identity card

Legal entities:

  • Identity card of managers and founders
  • State registration certificate of the enterprise
  • Articles of association of the enterprise, including amendments and supplements